Ukraine: Tow-Behind Air Compressor Market 2024

Tow-Behind Air Compressor Market Size in Ukraine

The Ukrainian tow-behind air compressor market declined slightly to $X in 2022, which is down by -4.5% against the previous year. Overall, consumption, however, showed a perceptible setback. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Tow-Behind Air Compressor Production in Ukraine

In value terms, tow-behind air compressor production fell slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by 52%. Tow-behind air compressor production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Tow-Behind Air Compressor Exports

Exports from Ukraine

In 2022, overseas shipments of air compressors mounted on a wheeled chassis for towing decreased by -78.3% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports recorded a sharp curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 119% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, tow-behind air compressor exports shrank sharply to $X in 2022. Overall, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 49%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X units), Russia (X units) and Italy (X units) were the main destinations of tow-behind air compressor exports from Ukraine, with a combined 56% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +9.1%), while the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Russia ($X) and Georgia ($X) were the largest markets for tow-behind air compressor exported from Ukraine worldwide, with a combined 84% share of total exports.

Among the main countries of destination, the Czech Republic, with a CAGR of +40.1%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average tow-behind air compressor export price amounted to $X per unit, with a decrease of -51.2% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 22%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Greece ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+40.1%), while the prices for the other major destinations experienced more modest paces of growth.

Tow-Behind Air Compressor Imports

Imports into Ukraine

In 2022, overseas purchases of air compressors mounted on a wheeled chassis for towing decreased by -44.6% to X units for the first time since 2019, thus ending a two-year rising trend. In general, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2016 when imports increased by 102% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, tow-behind air compressor imports dropped notably to $X in 2022. Over the period under review, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 with an increase of 120%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Italy (X units) constituted the largest supplier of tow-behind air compressor to Ukraine, accounting for a 68% share of total imports. Moreover, tow-behind air compressor imports from Italy exceeded the figures recorded by the second-largest supplier, Germany (X units), fivefold. The third position in this ranking was taken by China (X units), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.1% per year) and China (-8.7% per year).

In value terms, Germany ($X) constituted the largest supplier of air compressors mounted on a wheeled chassis for towing to Ukraine, comprising 41% of total imports. The second position in the ranking was held by Italy ($X), with a 19% share of total imports. It was followed by Belgium, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to -2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-1.3% per year) and Belgium (-21.0% per year).

Import Prices by Country

In 2022, the average tow-behind air compressor import price amounted to $X per unit, falling by -2.1% against the previous year. In general, the import price continues to indicate a perceptible setback. The pace of growth was the most pronounced in 2019 an increase of 64% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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